Garrett, IN Real Estate
According to census data in the year 2000 there were 2,393 housing units in Garrett.
This represents a 15% growth from 2,080 in 1990.
Of those housing units, 2,374 were located in either urbanized areas or urban clusters, and 19 were located in what is classified as a rural area.
Homeownership rate in Garrett is about 78.1%.
Garrett's vacancy rate, including seasonal lodging, is about 8.5%.
Average household size is 2.66 people.
The majority of houses, apartments or condos in Garrett were built after 1943.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 9.70% |
| Two Bedrooms | 27% |
| Three Bedrooms | 49.60% |
| Four Bedrooms | 10.40% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.73 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $75,300 |
| Median Price asked for vacant units | $37,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1949 |
| Median Monthly Rent asked for vacant units | $523 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 10.90% |
| Home Equity Loan | 5.20% |
| Simple Mortgage | 58.50% |
| Debt Free | 25.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.6% |
